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I would like to start brokering notes. I’m having trouble finding rules or regulations that may be involved. Any suggestions on where to look?
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Isn't it ironic how the one time borrowers got a 'leg up' in the form ridiculously low interest rate mortgages that those same 'assets' are partially what is behind the collapse of several significant US banks and bey...
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Located in Tucson, AZ.
~Do you mostly use MLS or classifieds/FSO to find properties?
~Do you use the same agent or just go with whatever agent has the listing? (have a friend who's a realtor and honest/good who's hel...
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Goal: Restructure existing debt, keep payment around the same, pull cash out for reinvestment purposes (thereby increasing LTV).How: DSCR loan / portfolio loan. Open to other ideas here, too.Current Situation: I have...
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I am a new multi family homeowner in Worcester - the Greendale Area. Young woman, bought this house on my own. I live on the first floor and hoping to rent out the 2nd floor. The renovations ended up being a lot more ...
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Can someone give me a definitive answer on the 50% rule? I understand the concept, that your expenses should only equal 50% of your gross rent in order to get positive cashflow. But which expenses are included in th...
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Tenant lives in a 2bed/1bath apartment. She was given two weeks to clean the place. She removed a lot of stuff, but this is the end result.She is very nice, pays like clockwork, communicates well, and never fusses. Wo...
Our primary home is paid off after 2 years of pouring every penny we could into it. The market value is about $300k. We bought it as fixer upper for $188k, renovated and now plan to lease it out. We (my husband and i)...
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I am working with an accountant as I prepare returns for the first year of owning real estate. I read Brandon Hall’s article from a while back talking about the tax myth’s for real estate investing. One was the follow...
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What's up BP been a while. I purchased a triplex OOS in November . Two of my inherited tenants always pay on time or within a few day . Now the 3rd cost me a bunch of money by leaving with no notice and trashing the p...